This Indicator plots Regular and Hidden Divergences lines for an RSI smoothed by an EMA and for its Signal Line The RSI can be set to change colour with direction or can be set as single colour Colour Changing RSI helps when trading Multiple Timeframes as you can look for confluence in the direction of RSI The divergence script is thanks to @RicardoSantos, I've...
This Indicator overlays Divergences lines on the chart for a Smoothed RSI an RSI Signal Line and 2 Stochastics You can also choose to overlay Divergence lines from 1 Other Indicator on Your Page as the source The Colors and Labels match my other Divergence Indicators The divergence script is thanks to @RicardoSantos, I've just adjusted it to suite my...
This is a upgraded version of the wave with modified parameters for a higher success rate. 3 New Lengths and 75 more lines of code added to the overall algorithm. Also included are 2 sublevel signals based on the Fib MA and pattern trading. The Wave: + The Yume is the Fast length + The Akume is the Slow length + The Miaku is a median weighted...
Color coded RSI to give a better indication of when to buy or sell based on the RSI level along with an included EMA signal to help describe the trend.
This indicator is a custom combo of Ema crosses, RSI divergences and Support/resistance, designed to make the most profit possible. It is a pretty solid indicator for trading BTC in 4H. There are two kind of buy signals : Green and Blue triangles, that are two great Buy/Long entries. There are also two kind of sell signals: Red and Orange triangles, that are...
@version=2 This indicator is designed to give early entry signals as well as to follow trend moves, according to different settings. The indicator shows a histogram of the RSI ro MFI in relation to an ema of the RSI or MFI. The histogram is then smoothed to give early reversal/entry signals. The actual RSI/MFI line with oversold/overbought indication can be...
This indicator is a tool designed to be used with Steven Hart's RSI Exhaustion strategy. For more information google TheTradingChannel or look him up on YouTube :) The default RSI settings for this strategy are: RSI Overbought: 80 RSI Oversold: 20 Length: 7 When the RSI gets above 80, the line will turn red and the script will begin looking for a specific...
DONATIONS APPRECIATED -------------------------------- ETH: 0x862E6C54397Cf681887136472d5F16cCA22C80Fe BTC: 16wnhEyNB5zx7ErwNi5KyszNeHhtjH2syx ABOUT ----------------- Yume (aqua line) is a modified high moving average of RSI Akume (orange line) is a modified low moving average of RSI Miaku line (green line) is a variable median line that...
Hi! Lately I had quite a few requests for an RSI divergence development, so I decided to make a publish version of such indicator. This is how it works: It searches for peaks on the RSI indicator (not on the price!): when the RSI values greater than two values before and after that value it's a peak when the RSI values lesser than two values before and...
This indicator shows a histogram of the RSI in relation to an ema of the RSI. The histogram is then smoothed to give early reversal/entry signals. The actual RSI line with oversold/overbought indication can be displayed or omitted, as preferred. In addiction to the RSI line or as an alternative to it, the background colour can be set to change folowing the RSI...
In my free time I felt like coding this strategy, and after backtesting it, it appears that the 30m time frame is the most profitable. I only have been working on it for gold, but it should work similarly for silver as well. This includes no pyramiding, and with pyramiding orders of 5, this strategy is upwards of 100% profitable. Buy order - when price is above...
Simple Indicator designed by me to check tops and bottoms, also helps to ride the trend, Indicator Tries to Get back at zero.
RSI script with 3 lines. Also added lines: 90, 80, 20 and 10 to the script as I use this for trading.
Тройной индикатор "относительной индекс силы". В одном окне сразу три графика с разными диапазонами. Это позволяет одновременно смотреть динамику в разных диапазонах. Красная линия самая быстрая, зеленая -средняя, синяя самая медленная. Когда линии расходятся, то это показывает силу движения, а схождение линий гововит о замедлении. Таким образом, появляются новые...